Here some notable news on WTO issues this week. US to remove ‘essential’ medical products from its Government Procurement Agreement commitments Whereas official WTO corporate communications focus on the ‘news’ that Switzerland and the United Kingdom will now formally be part of the ‘revised GPA’ of 2014, there is a …
World Trade Organization
WTO Corner: Last Appellate Body member farewell, Korea steel case appeal
Last woman standing: Appellate Body member Hong Zhao says good-bye China’s Appellate Body member was the last woman standing until yesterday. Hong Zhao, a Chinese scholar, was long a thorn in the eye of the United States. Since the terms of two colleagues expired in early December last year, Ms …
WTO Corner: Ottawa Group eyes Joint Statement on trade and healthcare
The Ottawa Group, an informal network of countries interested in discussing reforms at the World Trade Organization established in early 2019 is seeking improvements in the way trade in healthcare products is handled beyond the current COVID-19 pandemic. The signatories are eyeing a possible Joint Statement in early 2021, which …
WTO Corner: 25 years, trade resilience, FDI restrictions, e-commerce
This week at the WTO in Geneva might be celebrated as one of comparatively good news in a world of low expectations. We already covered the fact that two environment initiatives were launched. Celebrating 25 years of WTO The date almost went under as despite its young years, the world’s …
Blueprint for a green trade agenda
A series of papers published by the think tank Europe Jacques Delors puts forward proposals that aim to strengthen environmental protection within an open international trading system. Borderlex’s Iana Dreyer exchanged views with one of the papers’ co-authors Geneviève Pons.
WTO members launch two trade and environment initiatives
A subset of 23 World Trade Organization members formally launched an initiative on ‘trade and environment’ that could lead to concrete proposals to the institution at its next ministerial conference. Another initiative announced during this week’s WTO ‘Trade and Environment Week’ is a Chinese-led plastic waste “informal dialogue”.
Ingredients for a climate-friendly trade policy
UC Berkeley economist Joseph Shapiro is of the view that trade policy is “sending the wrong price signal” by bolstering trade in dirty goods in comparison to cleaner products, especially in Europe. Speaking to Borderlex’s Sarah Anne Aarup, Shapiro said that rather than raising trade barriers on dirty goods, focusing …
WTO Corner: Hong Kong sues US, fish talks, COVID and US election hiatus
Hong Kong contests US ‘China’ label for its goods exports Hong Kong has filed a dispute against a new United States rule that obliges goods exports from Hong Kong to be labelled as coming from ‘China’. Hong Kong, a WTO member, is a separate customs territory and nominally a different …
WTO DG: Okonjo-Iweala nomination faces hurdle of US opposition
The three World Trade Organization ambassadors who act as facilitators in the selection process for the next leader of the international trade institution announced today that in their view Ngozi Okonjo-Iweala of Nigeria had garnered the widest support. At an informal Heads of Delegation meeting today, the assessment made by …
Flash: EU on track to back Nigeria’s Okonjo-Iweala for WTO director-general
Article written with input from Sarah Anne Aarup. EU member states appear to be on track to back Nigeria’s candidate Ngozi Okonjo-Iweala to become the next director-general of the World Trade Organization. Following a video-conferenced meeting of permanent representatives – COREPER – on Monday morning (26 October), 25 out of …